Best Stocks To Watch week august 29 2011

Best Stocks To Watch week august 29 2011 : Stocks are setting up for another turbulent week that will begin with a focus, oddly enough, on the weather.

Traders juggling European debt worries and soft economic data are now staring at satellite images, tracking the path of Hurricane Irene, expected to hit New York over the weekend.

Dollar Tree, Inc. (NASDAQ:DLTR) hit a new 52-week high on Friday, trading as high as $70.62, before settling at a close of $70.46. I’ll be watching the stock on Monday, looking for a follow through move. As long as the stock stay above $66.84, the bullish scenario still intact. Technical chart shows very strong bullish sign. First of all the stock is trading above both 50-day and 200-day moving average with both moving average pointing upwards. Then the MACD indicator is rising above “0″ also indicating a buy. In addition, KD line still show the stock is on the positive swing.

CF Industries Holdings, Inc. (NYSE:CF) is now clearly in an impulsive wave upwards. If you are on board, there’s nothing more to do but enjoy the ride. On the daily chart, the technical indicators show a continuation of the trend with MACD and RSI in the Bullish areas. Long-term investors may hold with a stop at $161.97 ( 13-Day SMA ). Let’s keep an eye on her as i think momentum will pick up.

Waste Connections, Inc. (NYSE:WCN) has broken out to all time highs again. The volume on Friday’s break was great. WCN is now seeing blue skies as there is no resistance overhead. The technical chart is showing tremenous strength with KD rising and MACD above 0. In addition, both 50 day and 200 day are both rising showing the stock would be in bull market for a while. Only a close below $32.09 would warrant a change in sentiment.

Looks ready for a bounce. FormFactor, Inc. (NASDAQ:FORM) is still oversold as evidenced by the stochastics and RSI. MACD Histogram shows a positive divergence from the price chart, so there is still some chance that the stock may test the $8.55 lvls in coming days.

THQ Inc. (NASDAQ:THQI) – Signs of life continue to show on the technical indicators Slow Stochastic and MACD, but we need more strength than that to take this patient off life support. Source www.dailymarkets.com ) For the latest updates PRESS CTR + D or visit Stock Market news Today

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